
For the numerous cryptocurrency traders looking to diversify their portfolios – especially given the recent volatility of the markets – the new stocks offering from pioneering global investment platform eToro[1] is well worth considering.
As of mid-June, eToro users can hold their own cryptos, stocks, exchange-traded funds (ETFs), and thousands of other financial assets in one portfolio.
Previously, eToro clients could invest in stocks using contracts for difference (CFDs). Now, however, traders have the option to purchase the underlying asset.
The best thing? There is no management or ticket fee on stock purchases. Additionally, the stamp duty investors would normally have to pay on United Kingdom stocks will be absorbed by eToro – but only for a limited time, as an introductory offer.
Using eToro, traders can gain access to thousands of stocks from across European, Asian, and United States markets, and take advantage of competitive and transparent pricing – this is all included in the spread equating to 0.09 percent, per side. Clients can also apply leverage or open short positions to trade stocks via CFDs.
Since launching in 2007, eToro has amassed over 10 million users and has become a go-to platform for crypto traders around the world. It has gradually expanded its asset classes, and stocks are an important part of that growth.